Seller's Agent in 2024
John Heinlein
Blue Ridge Realty & Inv. - Banner Elk
(828) 737-3100
67 in this area
115 Total Sales
351 Silver Springs Dr Unit B Banner Elk, NC 28604
Estimated Value: $589,000 - $656,000
2
Beds
2.5
Baths
1,883
Sq Ft
$330/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Mountain Architecture
- Covered Patio or Porch
- Banner Elk Elementary School Rated A-
- Furnished
- 1 Car Attached Garage
About This Home
As of January 20242 bedroom/2 and one half bath/attached one car garage with great year round access and just outside "downtown" Banner Elk in the quiet, upscale neighborhood of Silver Springs Farms! You will enjoy the space from neighbors with the 2 town homes on each end with one car garages in the middle! No one above or below. Home features a large kitchen, dining room, tongue-in groove wood ceiling and stone fireplace in the great room, a covered deck, large upstairs loft and second bedroom/bath. You don't have to worry about vacation renters coming and going with the minimum rental being one year and one day! A wonderful buy within Town limits! Your place in the mountains! Central location to all that is offered in the Banner Elk/Beech and Sugar Mountain area! Banner Elk and vicinity is noted for fine dining, summer concerts, summer theater at Lees-McRae College, Grandfather Mountain State Park, Blue Ridge Parkway, hiking, skiing and other outdoor recreation! Minimum rental period is one year plus one day. City water, city sewer and city maintained road. Cable TV, satellite and high speed internet available. Buyer pays a $716 capital contribution to the Association at closing. Sold furnished less personal items, tools, fishing equipment and card table/chairs. Natural gas to the home; no tank and no worries about running short of fuel! The 3,550 elevation will keep you cool! Being sold by original owner. New roof in 2021, new dishwasher and new hot water heater.
Last Agent to Sell the Property
Blue Ridge Realty & Inv. - Banner Elk Brokerage Phone: 828-737-3100 Listed on: 11/27/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,220
Year Built
- Built in 2006
Lot Details
- 0.34
HOA Fees
- $258 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Shared Driveway
Home Design
- Mountain Architecture
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Wood Siding
- Cedar
Interior Spaces
- 1,883 Sq Ft Home
- 2-Story Property
- Furnished
- Vaulted Ceiling
- Stone Fireplace
- Gas Fireplace
- Window Treatments
- Crawl Space
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Silver Springs Farm Subdivision
Listing and Financial Details
- Long Term Rental Allowed
- Tax Lot F11
- Assessor Parcel Number 18490080081000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2023
Closed on
Jan 31, 2024
Sold by
Sparks Jack William and Sparks Ruth Clary
Bought by
Vohlken David Eugene and Vohlken Susan J
Seller's Agent
John Heinlein
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Cas Vernon
Century 21 Mountain Vistas
List Price
$605,000
Sold Price
$580,000
Premium/Discount to List
-$25,000
-4.13%
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,730
Avg. Annual Appreciation
4.64%
Purchase Details
Closed on
Aug 8, 2012
Sold by
Silver Spring Farm Llc
Bought by
Sparks Jack William and Sparks Ruth Clary
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vohlken David Eugene | $580,000 | None Listed On Document | |
| Vohlken David Eugene | $580,000 | None Listed On Document | |
| Sparks Jack William | $227,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2024 01/31/24 | Sold | $580,000 | -4.1% | $308 / Sq Ft |
| 11/27/2023 11/27/23 | For Sale | $605,000 | -- | $321 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,498 | $374,400 | $50,000 | $324,400 |
| 2023 | $1,498 | $374,400 | $50,000 | $324,400 |
| 2022 | $1,498 | $374,400 | $50,000 | $324,400 |
| 2021 | $1,176 | $213,900 | $60,000 | $153,900 |
| 2020 | $2,374 | $213,900 | $60,000 | $153,900 |
| 2019 | $2,374 | $213,900 | $60,000 | $153,900 |
| 2018 | $1,176 | $213,900 | $60,000 | $153,900 |
| 2017 | $2,154 | $190,600 | $0 | $0 |
| 2016 | $852 | $190,600 | $0 | $0 |
| 2015 | $852 | $190,600 | $30,000 | $160,600 |
| 2012 | -- | $274,800 | $75,000 | $199,800 |
Source: Public Records
Agents Affiliated with this Home
-
John Heinlein
-
Cas Vernon
C
Buyer's Agent in 2024
Cas Vernon
Century 21 Mountain Vistas
(828) 268-8370
3 in this area
24 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 246789
APN: 1849-00-80-0810-00000
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